Why the Huawei Affair Hasn't Cooked Canada's Goose

China's consumers are “ beginning to take sides ” in the U.S.-China trade war, with dire implications for some of America's biggest companies. So says the redoubtable Jim Cramer, who fretted on CNBC's “Mad Money” Friday that Apple's disastrous first quarter in China, along with a Goldman Sachs report downgrading Starbucks because of “a number of points of caution on China,” are harbingers of rising nationalism among Chinese consumers.
The danger, Cramer seemed to suggest, isn't just that the world's second-largest economy is slowing, or that Apple's phones are overpriced, or that Starbucks...Read more ...